Time Clock, Mar. 31, 1958

$5 BILLION TAX CUT is urged by Arthur F. Burns, former chairman of
President Eisenhower's Council of Economic Advisers. He contends that
an immediate tax slash for all individuals and businesses would be
"clearly a sounder method of dealing with a mild recession" than a big
public-works program, which would not have any "significant economic
effects in the immediate future."

CHRYSLER SHAKE-UP REPORTS, buzzing in Detroit because company's output
this year is off 60% and heavy first-quarter loss is expected, picked
up speed when two forward-looking vice presidents quit last week: No. 4...